We should talk about nuances of why startups failed. Otherwise, "lack of product market fit" is just jargon for "we failed." Of course, we already know they failed. And since they are startups, they probably didn't fail with millions in revenue.
2,524 karma · joined July 5, 2011
We should talk about nuances of why startups failed. Otherwise, "lack of product market fit" is just jargon for "we failed." Of course, we already know they failed. And since they are startups, they probably didn't fail with millions in revenue.
Careful because the other extreme has its own problems: my company only has paid customers who prepay for the entire year. While this has helped us pay the bills and cover cost, it has been detrimental to building a great product because we aren't getting as much feedback as we would if we had 10x users. I'm finally reaching a stage where I may take up a job just so we can give away free trials and not have to rely as much on near term revenue to pay the bills.
Overall, impressive! Would pay for a quality and light one of these.
100%, although I wish we talked more about the challenge of determining that someone is suicidal.
Here's what I wrestle with the most about this. I fear that if I "misdiagnose" someone as suicidal, that I might have now given them the idea that there is such a thing as suicide and it may now become an option, completely backfiring against my goal of helping them.
I wonder if there is best practices although it seems a bit silly given we are basically trying to read someone's mind - something that even they(especially them) might not have clarity about.
A similar thing happened to a guy who scammed me and others. One of the guys who was scammed went to the local cops who took out a warrant. The guy who scammed us was arrested and released almost immediately. He paid the guy through the court and his attorney. I still remain unpaid...and I didn't go to the cops(mostly because nyc cops didn't care much about the case speaking to them on the phone). You can read more here if you're curious: http://cliffkaplanfraud.com/
This will give you first line of objective feedback even about your own positions.
You should also roleplay with this person as if he is your cofounder. Have him be a dick and make any argument you can see you cofounder make at any point. I've learned that winning arguments and being right are two different things. This way, if your cofounder is good with the former, you need to be prepared and roleplaying will give you a great edge!
Also, write down all possible scenarios. So if the board asks you "what will happen if the employees quit?" you need to have already thought through that use-case. They will probably be very impressed if you have a document that has these use-cases and possible plans.
Sorry dude, looks like that is precisely what you are going to have to do. Don't worry about the board stressing; they can handle it. That's their job.
Focus on YOUR job: the success of the company. The board will stop believing you when you prolong this longer than you should have, actually making the situation much worse.
When you go to the board, GO PREPARED. Assume the board does not know anything. And treat it almost like a trial where you will get to present your side, and at some point, your co-founder will get to present his. In these cases, I like to open up a document and put down the facts in bullet points. When presenting, remain calm and stick to the facts, which when evaluated by a sensible party(your board), should have them arrive at the same conclusion as you.
I don't know what this means. I manage a small sales team. We use salesforce.
Gmail stopped being minimalistic a while ago...
Example: BuddyMedia created the social media management tools market; hundreds of startups are now in that market.
Most my close friends are not on google+.